#CEXvsDEX101 One of the most important debates in the crypto world is the comparison between centralized exchanges (CEX) and decentralized exchanges (DEX). CEXs, like Binance or Coinbase, offer greater liquidity, user-friendly interfaces, and fast order execution. Additionally, they often provide customer support and advanced options like futures or margin trading. However, they require you to trust your funds to a centralized entity, which can pose a risk if a hacking incident or regulatory issues occur. On the other hand, DEXs, like Uniswap or PancakeSwap, allow you to maintain complete control of your assets, as transactions are conducted directly from your wallet. Although they offer greater privacy and freedom, they may also have lower liquidity, more complex interfaces, and high network fees. Personally, I use CEX for daily trading and DEX for long-term investments in emerging tokens. Understanding the differences allows you to choose the right option based on your goals and risk tolerance.